Thu Jan 20 UTC (in 4 days)
In your timezone (EST): Thu Jan 20 6:00am - Thu Jan 20 6:45am
The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet. Although the Metaverse is still evolving, companies and entrepreneurs at the bleeding edge of technology are getting very excited about it. Move beyond the CGI and flights of fancy and increasingly people are being wrapped in a cloak of internet linked technologies – health and fitness monitors, personal assistants, internet enabled domestic goods, smart TVs and smart watches. The plumbing for the metaverse is rapidly being installed, but how will its users be protected? What challenges does the insurance industry face in mitigating risks for its digital denizens? In this pioneering piece of research, we will explore the scope and scale of the challenge facing the insurance sector as the Metaverse gradually coalesces. What are the risks and how can they be modelled and quantified? What products and services are required? And how can the UK insurance service sector gain first mover advantage in this new space?
Professor Michael Mainelli
Executive Chairman, Z/Yen Group
Associate, Z/Yen Group